News for 'Controller of Capital Issues'

Govt to bring Delhi services bill in Rajya Sabha on Monday

Govt to bring Delhi services bill in Rajya Sabha on Monday

Rediff.com5 Aug 2023

Senior Congress leader and Supreme Court lawyer Abhishek Manu Singhvi is likely to initiate the debate from the opposition side, the sources said.

Stubble burning: Farmers being made villain without hearing them, says SC

Stubble burning: Farmers being made villain without hearing them, says SC

Rediff.com22 Nov 2023

A bench of Justices Sanjay Kishan Kaul and Sudhanshu Dhulia also suggested why should there be any purchase under the minimum support price system from farmers who indulge in crop residue burning, irrespective of the fact that citizens and children were affected due to pollution.

Any alliance with Cong 'very difficult' until...: AAP after Oppn unity meet

Any alliance with Cong 'very difficult' until...: AAP after Oppn unity meet

Rediff.com23 Jun 2023

At the meeting, many parties urged the Congress to publicly denounce the ordinance but the Congress refused to do so, claimed AAP, adding that the grand old party's "silence raises suspicions about its real intentions".

Kejriwal needs no insulin: Tihar; Wife says they want to kill him

Kejriwal needs no insulin: Tihar; Wife says they want to kill him

Rediff.com21 Apr 2024

The Aam Aadmi Party on Sunday said Tihar authorities were 'lying' about specialist doctors examining Delhi Chief Minister Arvind Kejriwal, while his wife Sunita Kejriwal alleged that he was being denied insulin for diabetes as 'they want to kill' him.

Byju's EGM gets underway; investors file suit in NCLT

Byju's EGM gets underway; investors file suit in NCLT

Rediff.com23 Feb 2024

An Extraordinary General Meeting (EGM) of Byju's shareholders got underway on Friday to vote on a resolution brought by some investors to ouster founder CEO Byju Raveendran and his family over alleged "mismanagement and failures". Raveendran and his family stayed away from the EGM, calling it "procedurally invalid."

Constitution bench to hear Centre vs Delhi row over powers on Nov 9

Constitution bench to hear Centre vs Delhi row over powers on Nov 9

Rediff.com27 Sep 2022

The Supreme Court on Tuesday said a five-judge Constitution bench would hear on November 9 the legal issue concerning the scope of legislative and executive powers of the Centre and Delhi government over control of services in the national capital.

Can election manifestos show the way to Viksit Bharat?

Can election manifestos show the way to Viksit Bharat?

Rediff.com18 Mar 2024

Elections are not won or lost by expounding on such macro-economic matters. For the aam admi, what matters in manifestos are promises that will improve their quality of life, notes Vinayak Chatterjee.

Centre will impose President's Rule in Delhi in coming days: Atishi

Centre will impose President's Rule in Delhi in coming days: Atishi

Rediff.com12 Apr 2024

Atishi claimed that in recent times, many events have happened that indicate the possibility of the imposition of the President's Rule in the national capital.

Delhi squanders rain gain, Diwali pollution up by 45%

Delhi squanders rain gain, Diwali pollution up by 45%

Rediff.com13 Nov 2023

Squandering the relief due to rain, Delhi recorded a jump in pollution levels and a smoky haze returned on Monday morning after residents flouted the ban on firecrackers on Diwali night.

Article 370 Constitution bench to hear Delhi services row

Article 370 Constitution bench to hear Delhi services row

Rediff.com20 Jul 2023

A bench comprising Chief Justice D Y Chandrachud and justices P S Narasimha and Manoj Misra said the detailed order referring the case to a larger bench will be uploaded on the apex court website later in the day.

Byju's expects $7-8 bn minimum valuation

Byju's expects $7-8 bn minimum valuation

Rediff.com23 Jan 2024

Byju's plans to raise funds at a lower valuation of $7-8 billion as the embattled edtech major looks to shore up its financials with adequate liquidity, a senior company executive said on Tuesday. Banking on overall "improved performance", Think and Learn, the parent of Byju's, is hopeful of a higher valuation ahead of its rights issue being planned in February to raise funds. Byju's India chief financial officer Nitin Golani said the company is in need of funds and plans to raise it at a lower valuation to make the offer lucrative for investors as well as ensure adequate liquidity support for the edtech firm.

Sebi tightens IPO fund utilisation norms; won't interfere in issue pricing

Sebi tightens IPO fund utilisation norms; won't interfere in issue pricing

Rediff.com28 Dec 2021

Markets watchdog Sebi on Tuesday decided to tighten norms for utilisation of IPO proceeds by companies, introduce special situation funds to invest only in stressed assets and amend various regulations, including those on mutual funds and settlement proceedings. The board of Sebi, which met on Tuesday, also gave its nod for amending Foreign Portfolio Investor (FPI) regulations and introducing a provision for appointment or re-appointment of any person, including as a managing director or a whole time director or a manager, who was earlier rejected by the shareholders at a general meeting. Once the amended norms are in place, such appointments or re-appointments can only be done with the prior approval of the shareholders.

Leftists, Maoists trying to take control of farmers' stir: Govt

Leftists, Maoists trying to take control of farmers' stir: Govt

Rediff.com11 Dec 2020

He also said the government is sensitive towards farmers and is in discussion with them and their representatives to resolve their concerns.

CISF replaces Delhi Police for Parliament security after breach

CISF replaces Delhi Police for Parliament security after breach

Rediff.com21 Dec 2023

Both the new and the old Parliament complex and their allied buildings will be brought under a comprehensive security cover of the CISF which will also have the existing elements of Parliament Security Service (PSS), the Delhi Police and the Parliament Duty Group (PDG) of the CRPF, the sources said.

What is capital convertibility & how India should move towards it

What is capital convertibility & how India should move towards it

Rediff.com20 Apr 2015

The post-crisis debate on capital account management focuses on matching instruments with vulnerabilities.

Delhi's administrative set-up may get streamlined; black day, cries AAP

Delhi's administrative set-up may get streamlined; black day, cries AAP

Rediff.com8 Aug 2023

Union Home Minister Amit Shah introduced the bill in the Upper House of Parliament. He said the proposed legislation is aimed at providing effective and corruption-free governance in the national capital.

Business growth remains robust for Bajaj Finance, M&M Financial Services

Business growth remains robust for Bajaj Finance, M&M Financial Services

Rediff.com12 Oct 2023

MMFS is looking at a compounded annual growth rate (CAGR) of 18 per cent in assets under management (AUM) during FY23 to FY26 on the back of the strong recovery. The company has initiated risk-mitigating initiatives, including diversification into non-vehicle loans, building digital capacity and re-classification of customer profiles into affluent and mass-affluent in semi-urban segments to better target marketing.

RBI's decision on connected lending may curb India Inc's powers

RBI's decision on connected lending may curb India Inc's powers

Rediff.com18 Dec 2023

The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business conglomerates in the Indian lending space, said bankers and experts. "Connected lending pertains to lending to related parties within the same business group. "While the RBI might appear more agreeable to allowing business conglomerates to own banking licenses, it deems it crucial to bolster regulations that would prevent conglomerate-owned banks from gaming the system," said Shivaji Thapliyal, head of research and lead analyst, YES Securities.

How India Won Back Maldives's Trust

How India Won Back Maldives's Trust

Rediff.com12 Sep 2024

The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.

T+0 settlement: Sebi for 2-phase implementation

T+0 settlement: Sebi for 2-phase implementation

Rediff.com30 Dec 2023

The Securities and Exchange Board of India (Sebi) is contemplating the implementation of a same-day settlement cycle, known as T+0, in two phases. This is seen as a preliminary step towards instantaneous settlement. The shorter T+0 settlement cycle is being considered for the equity cash segment as an optional mechanism, in addition to the current T+1 (Trade plus one day) cycle.

Conflict still an issue; it has to change: Ganguly

Conflict still an issue; it has to change: Ganguly

Rediff.com23 Oct 2019

The Conflict ruling suggested in the Lodha reforms for BCCI came under criticism from several quarters as they believed it stopped the former cricketers from coming forward to help Indian cricket and cricketers.

Protesting farmers stopped from marching to Parliament

Protesting farmers stopped from marching to Parliament

Rediff.com9 Feb 2024

Thousands of farmers from around 100 villages of Noida and Greater Noida on Thursday took to the streets seeking hiked compensation, bringing traffic to a standstill in several parts of Delhi-NCR as they made an unsuccessful bid to march towards Parliament.

Godrej Split Handled With Admirable Dignity

Godrej Split Handled With Admirable Dignity

Rediff.com2 May 2024

'Business families like the Godrej group are increasingly realising that an amicable settlement is better.' 'Else, the wealth of all shareholders gets destroyed.'

Heatwave sears north India, UP's Orai bakes at 46.4 deg C

Heatwave sears north India, UP's Orai bakes at 46.4 deg C

Rediff.com19 Jun 2024

The threshold for a heat wave is met when the maximum temperature of a weather station reaches at least 40 degrees Celsius in the plains, 37 degrees in coastal areas, and 30 degrees in hilly regions, and the departure from normal is at least 4.5 notches.

'Even If We Have To Die, We Won't Let This Port Come Up'

'Even If We Have To Die, We Won't Let This Port Come Up'

Rediff.com13 Sep 2024

'Modi knows the people here are opposed to this project, but he is using the might of government to push this port down our throats.'

Is The Golden Decade For Indian Markets Over?

Is The Golden Decade For Indian Markets Over?

Rediff.com18 Jan 2024

Have the markets already played out their dynamics before the economy has even properly taken off? Are we now destined for a period of mediocre returns despite a strong economy? asks Akash Prakash.

Pant Bats With Confidence!

Pant Bats With Confidence!

Rediff.com16 Aug 2023

During a recreational event organised by the JSW Foundation as part of Independence Day celebrations, Pant faced a few deliveries in a game at a sports facility near Bengaluru on August 15.

MCX stake sale: Reliance Capital wants FMC to intervene

MCX stake sale: Reliance Capital wants FMC to intervene

Rediff.com26 Apr 2014

Largest bidder says FTIL not following correct process and MCX not extending cooperation; FTIL and MCX say cooperating fully

Modi prefers total control in his hands

Modi prefers total control in his hands

Rediff.com5 Jun 2019

'Modi personally provides the higher direction of the ministry and the minister then works with bureaucrats on implementation,' points out Aakar Patel.

Jolt to Kejriwal govt as SC allows 6-month extension for Delhi chief secretary

Jolt to Kejriwal govt as SC allows 6-month extension for Delhi chief secretary

Rediff.com29 Nov 2023

The bid to extend the tenure of the present chief secretary is the latest bone of contention between the Arvind Kejriwal government and Lieutenant Governor VK Saxena, who have been involved in a series of run-ins over various issues.

Dabur keen to acquire 26% stake in Religare for Rs 2,116 cr

Dabur keen to acquire 26% stake in Religare for Rs 2,116 cr

Rediff.com25 Sep 2023

Entities belonging to the Burman family, the promoter of Dabur India, on Monday announced a Rs 2,116 crore open offer to shareholders of Religare Enterprises Ltd (REL) to acquire up to an additional 26 per cent stake in the company as part of its strategy to enter the financial services space. Post the open offer, the family's stake in the financial services firm is expected to increase to 51 per cent. The open offer is made to increase the family's stake and take control of REL and this will mark the entry of Burmans into the financial services space.

How Private Should Be A CEO's Life Be?

How Private Should Be A CEO's Life Be?

Rediff.com5 Dec 2023

Health issues, divorce, court battles, moral turpitude, and more can all distract the CEO and impinge on a company's performance. So, how much of their private life should a company disclose? asks Amit Tandon.

Murder of health, stop stubble burning at once, SC orders NCR states

Murder of health, stop stubble burning at once, SC orders NCR states

Rediff.com7 Nov 2023

Amid a spike in pollution levels in Delhi-NCR, the Supreme Court on Tuesday directed Punjab, Haryana, Uttar Pradesh and Rajasthan to ensure crop residue burning was stopped "forthwith", saying it cannot let "people die" due to pollution.

On AAP's threat to boycott Opposition meet, Congress says...

On AAP's threat to boycott Opposition meet, Congress says...

Rediff.com23 Jun 2023

Congress president Mallikarjun Kharge on Friday said a decision on whether to oppose the Centre's ordinance on the control of administrative services in Delhi would be taken before the Parliament session.

Javadekar refuses to comment on Aarey issue

Javadekar refuses to comment on Aarey issue

Rediff.com7 Oct 2019

Responding to a question on the issue of felling trees in Mumbai's Aarey forest, in which the Supreme Court has restrained authorities from cutting anymore trees, Javadekar told the reporters that he would not like to comment on a sub judice matter.

Mamata backs Kejriwal, to vote against central ordinance

Mamata backs Kejriwal, to vote against central ordinance

Rediff.com23 May 2023

West Bengal Chief Minister Mamata Banerjee on Tuesday assured her counterpart from Delhi Arvind Kejriwal, that her party would support him in his fight against the central ordinance to control appointments and transfer of bureaucrats.

Manipur violence set to rock Parliament's Monsoon Session

Manipur violence set to rock Parliament's Monsoon Session

Rediff.com19 Jul 2023

The situation in Manipur and the Delhi services ordinance are set to dominate the Monsoon session of Parliament beginning Thursday with the Opposition gearing up to raise these issues to corner the government.

How RBI plans to ensure bank shareholders are 'fit and proper'

How RBI plans to ensure bank shareholders are 'fit and proper'

Rediff.com16 Jan 2023

The Reserve Bank of India on Monday tweaked norms related to acquisition and holding of shares in banks to ensure that their ultimate ownership and control remain well diversified and the major shareholders are 'fit and proper' on a continuing basis. The central bank has issued 'Master Direction - Reserve Bank of India (Acquisition and Holding of Shares or Voting Rights in Banking Companies) Directions, 2023'. "These directions are issued with the intent of ensuring that the ultimate ownership and control of banking companies are well diversified and the major shareholders of banking companies are 'fit and proper' on a continuing basis," it said.

IAF to monitor Delhi sky for drone threats during G20 summit

IAF to monitor Delhi sky for drone threats during G20 summit

Rediff.com30 Aug 2023

Indian Air Force fighter planes will be on standby to keep a close watch on any suspicious activity in the Delhi sky, including UAVs or drones, as the national capital gets ready to host the G20 summit, a senior official from a department engaged in airport operations said.

Kejriwal to meet Mamata to discuss Centre's ordinance

Kejriwal to meet Mamata to discuss Centre's ordinance

Rediff.com23 May 2023

The Aam Aadmi Party supremo is trying to drum up opposition support over the Delhi government's fight against the Centre over an ordinance on the control of administrative services in the national capital.